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Search Results 0 to 49 of about 223 (some duplicates have been removed)
. >> i believe we ought to make the tax cuts for the middle class permanent. >> we have now got both parties essentially telling a big lie, with a capital "b" and a capital "l," to the public. >> cut taxes. >> cutting taxes. >> make the tax cuts permanent. >> the republican party, as much as it pains me to say this, should be ashamed of themselves. >> this from ronald reagan's old budget director, architect of the largest tax cut in american history? >> it's rank demagoguery. we should call it for what it is. >> welcome to 60 minutes on cnbc. i'm morley safer. in this edition, we look at two of the topics dominating the american economic landscape: jobs and taxes. first, we meet with president obama's so-called jobs czar. then we visit a struggling town in the heartland. and finally, we take a look at a controversial income tax initiative in washington state. in the first decade of the 21st century, big american firms cut around 3 million jobs in the u.s., while adding almost as many overseas. no company went global more aggressively than general electric, the conglomerate that makes
for the last year promising $5 trillion in tax cuts that favor the wealthy and yet the fellow on the stage last night looked like mitt romney said he did not know anything about that. >> also on thursday mitt romney took another huge step in his unfolding journey of self-discovery. speaking to shawn hennessy on fox news he repudiated the infamous 47% comments he made in may. >> in this case i said something that was just completely wrong. i absolutely believe, however, that my life has shown that i care about 100% and that's been demonstrated throughout my life and this whole campaign is about the 100%. when i become president it will be about helping the 100%. >>> all right. 100%. we're all in on the 100%. first let me throw it up to you guys. we've been chewing over the debate performance. i think my own take, that the president did not perform well in the debate. that's a real novel take on my part. that's what you tuned in for at home. but i don't think he performed as catastrophically poorly as other people seem to think he did. that's more or less where i'm at. maybe that's not great insi
another tape and we'll switch subjects over to one of my favorites, taxes, listen to what paul ryan said last night, debating taxes. >> there are enough rich people and small businesses to tax and to pay for all their spending and so the next time you hear them say don't worry about it we'll get a few wealthy people to pay their fair share, watch the middle class, the tax bill is coming to you. >> jimmy you had two clear opposites last night. you had ryan defending romney's tax reform plan which lowers marginal rates and puts a strict spending cap on deductions or you had joe biden who proudly was proclaiming who wants to raise taxes by $1 trillion on the rich. how does this play out, jimmy in the next two debates and the remainder of the campaign? >> finally, i'm delighted that someone in this case as paul ryan pointed out that even though the president's been talking about this fantasy, bib lechal middle class tax right that romney and ryan has upon the american people it's the obama plan that has the tax hike in it because there's no way you can pay for all of the spending this admini
is focused on giving herself a $7 million tax cut and hoping that trickles down to people who need help. my plan is focused on investing in the people of this state and funding our schools and building roads and bridges and we recognize the strength of our nation is the people who desperately want to good work. linda does have a plan under website but as we have recently learned, a good part of that is just listed word for word, paragraph by paragraph from white -- from right-wing republican sites in washington. it is not a plan for connecticut. it essentially parrots a bunch of talking points that have not worked for this country. >> why the lack of access as far as where the two of you are day in, day out. >> i don't think there is any comparison in terms of access. linda has refused to meet with editorial boards and i've been very willing to do so. i cannot count the number of press ability -- press availability as i have done. linda mcmahon does not want this campaign to be about issues. because of that is, she loses. whether its tax policy, support for education or women's health care,
week's debate, it's actually a plan to cut $5 billion in taxes, but he did it again tonight on cnn just a short time ago. the obama attacks are false, let's see what you think here. >> he ignores the fact that they're going to limit the deduction and -- he ignores that part. obviously that was corrected by the deputy campaign manager who stipulated the $5 trillion number was wrong. it's completely wrong. the combination of limiting deductions as well as growth of our economy will make up for the reduction in rate. >> bob shrum, thank got in the rest of this discussion with wolf blitzer, he clarified the fact he's going to cut $5 trillion in revenue, a lot of it from wealthy people. >>> he's not going to the bank, he's going to let that tax cut stand. you can call it a lie, he's cutting taxes for the rich. he says he's going to offset that, but when asked by wolf blitzer, are you going after where the money is, the mortgage deduction? rule going after charitable, which everybody seems to like? i'm not going to keep those preferences. how can he do it? is he houdini? >> he can't do it. th
to a failed economic theory, of tax cuts for the rich. the notion that let's go to war with "sesame street" but give wall street a big wet kiss, that's exactly what got us into this mess. that's what we've spent four years digging out. >> that's really not what they saw. i get the interpretation you've got a campaign to win. but what they saw was one guy who seemed to be somebody they had never seen before. he shattered the fiction of the advertising he was the guy brimming with new ideas and energy. they saw the president of the united states who was sleepwalking the whole time. >> i don't disagree -- >> the tired contrast rang a bell with people. romney's got ideas and the president, there's no vision for a second term. >> mike, i don't doubt this was somebody they never seen before. quite frankly, i think there were people in the romney campaign that had never seen this candidate. a week ago paul ryan was asked to explain the math of a $4.8 billion tax cut. he said i don't have time. mitt romney said, we don't do math. you cannot wish away the existence of your entire campaign platform
a tax break to send their kids to college. that's why they arrived. >> is he wrong about that? >> he is wrong about that. you can cut tax rates by 20% and still preserve important references for middle-class taxpayers. >> it isn't mathematically possible. >> it isn't. it's been done before. >> it has never been done before. >> it's been done a couple times. >> now you're jack kennedy. >> ronald reagan -- >> okay. good morning. >> i missed that one. >> good morning. welcome to "morning joe." it's friday, october 12th. with us on set, we have the former governor of vermont and former chairman of the democratic national committee, howard dean. and contributor to "newsweek" and the daily beast and former adviser to george w. bush, mark mckinnon. >> wait. no, hold on. what is that, willie? >> it's fair to call it the mexican scarf. >> willie and i both were thinking about wearing that yesterday, but we were afraid we'd come to the set wearing the same thing. >> yes. maybe mark feels the need to distract this morning. >> distracting. let's see what al hunt is wearing this morning. >> washi
economic theory of tax cuts for the very rich, despite the fact that he denied the existence of tax cuts or the existence of math. the notion that let's go to war on wall street -- go to war with "sesame street" but give wall street a big wet kiss. that's exactly what got us into this mess. >> that's not what they saw. i get the interpretation. you have a campaign to win. but what they saw was one guy who seemed to be someone they'd never seen before. he shattered the fiction of the advertising. he was a guy brimming with new ideas and energy. and they saw the president of the united states sleep walking. >> mike, i don't think -- >> let me finish. the tired contrast rang a bell. romney has ideas, and the president has no vision for his second term. and i think that's what hurt him. >> mike, i don't doubt this was someone they had never seen before. i think there were people in the romney campaign who had never seen this candidate. a week ago paul ryan was asked to explain the math of a $4.8 trillion tax cut. and he said i don't have time. mitt romney said we just don't do math. like mat
tax cuts for the middle class. it means help for homeowners so that they can stay in their homes. it means that we are helping state and local governments set up road projects and bridge projects that keep people in their jobs. and then long term, we've got to fix our health care system, we've got to fix our energy system that is putting such an enormous burden on families. you need somebody working for you and you've got to have somebody in washington who is thinking about the middle class and not just those who can afford to hire lobbyists. >> senator mccain? >> well, thank you, tom. thank you, belmont university. and senator obama, it's good to be with you at a town hall meeting. and, alan, thank you for your question. you go to the heart of america's worries tonight. americans are angry, they're upset, and they're a little fearful. it's our job to fix the problem. now, i have a plan to fix this problem, and it's got to do with energy independence. we've got to stop sending $700 billion a year to countries that don't want us -- like us very much. we have to keep americans' tax
>> eric: that's it for us. >> jamie: shannon? >> my plan is not to raise taxes on anyone. i'm going to reduce taxes for middle-income americans. >> mr. romney wants another $5 trillion in tax cuts that he can't pay for. >> you can't have it both ways. a battle over $5 trillion, your tax dollars, president obama says a tax cut by the governor would roll out benefits to only the wealthiest americans at the cost of the middle class. romney says, no matter how many times the president says it it is not true. who is telling the truth? i'm shannon bream, live in washington. we have representatives from both sides of the aisle. rnc chairman, reince priebus and dnc chairwoman, debbie wasserman-schultz. welcome. we start in washington with reince priebus. i want to talk about the unemployment numbers for september, 7.8%, the lowest since president obama has been in office. he said, you can't turn back now, america is moving in the right direction. has he made a case that we are seeing recovery? >> not at all. first of all, we will let the economists argue over the numbers. i know people are
is going on. >> and apply taxes and rules again this type of domination through high frequency trading through a particular set of security, in the particular case you are making about, maybe 500 securities in several seconds how to did te deter it. lou: in fractions of seconds. yet we hear nothing from timothy geithner, nothing of any real substance from the sec. there was are -- forgive me for being nostalgic. a president had sufficient cred bitty and trust oty and -- credd trust on wall street he could talk to leaders of the exchanges and the firms and say, folks, this is not the way we are doing business issue we'll do it this way, it is for your good in business and as a county that is impossible right now? >> similar to what you suggested about relationship between the exchanges on one hand. and high frequentty trading firms, one problem with federal government is that, they are so entangled with wall street with their 16 primary dealers, and all of the credible, not inside information in the way in which one talks about that when is illegal, but you can say they can front run th
employing violence kills people. and do we really need another tax on employers? also, obama has the single woman vote. romney leads with mothers, but what about the coveted single actress in their 20s, but look like they are in their 40s who publicly brawl with their mother's vote. the answer may surprise you. >> thanks, tom. let's find out if the answer does surprise me. first let's welcome our guests. i am here with columnist and author jedediah bila. it is the philadelphia daily news columnist and host of the tv show "our world" with black enterprise. bill schulz, he thinks he is going to regionals. and sitting next to me and the co-host of the anthony and opie show. >>> so did a toothy grin reveal a man unhinged? joe biden often looked amused and was quick to laugh, but was it a winning smile? after president obama's sleepy performance last week, they applauded the vp forbearing his teeth, his approach to paul ryan. and republicans also found his lecture -- his laughter infectious. i mean, infuriating. she call joe disrespectful and buffoonish. can we roll that? >> i think that was the
to get the city at least in his words back on track. mayor emanuel says he will not taxed shoppers homeowners or driver in order to pay for the state pension problems he is turning to springfield for relief and so far he has received a non and until he does he makes it clear he doesn't want the people of chicago to choose between pension payments or public health or public safety, something has to change. >> our goal is reform where we can, caught where we must invest where it matters. >>cut where we must and invest where it matters. >> the damage is $1.2 billion in underfunded pensions, a number that will come to fruition if nothing changes and it will happen in a matter of four years. what we really need most is our representatives in springfield to step up, take their share of responsibility and not miss this critical opportunity once again. it's gotten worse over time by the city council not making it a priority for the last several years. chicago is facing a 25% increase in homicides compared to this same time last year. some say our streets need more human power and we ne
a big foreign policy speech in virginia today, but over the weekend in florida, he focused on taxes and president obama. >> he will ultimately have to raise taxes on middle income taxes by $4,000 a year. >> reporter: since last week's debate, which romney is widely regarded as having won, both sides argued the other was dishonest. >> he was a little taken aback at the brazenness with which governor romney walked away from so many of the positions on which he's run. >> reporter: their truth war now on tv. >> not telling the truth about mitt romney's tax plan. >> this was dishonest. >> i'm not in favor of a $5 trillion tax cut. >> the governor knows his $5 trillion tax cut isn't too popular, so a few weeks before the election, he's trying to pretend it doesn't exist. >> reporter: president obama at a star-studded fundraising concert, heads to san francisco today with romney's poll numbers improving. >> they're looking very good. >> reporter: after the debate, romney is within two points of the president. and tomorrow, both candidates head to ohio, battleground ohio, where early voting
it was paid for through gasoline taxes. [applause] thethe st. lawrence seaway connecting the great lakes, opening the great lakes to traffic again had been on the drawing board since the administration of theodore roosevelt and eisenhower -- eisenhower took, assumed the presidency in a time of mccarthyism and incredible communist witchhunt. he did it as he did so many things in the background. it was eisenhower orchestrated the army's response in the army mccarthy hearings. i'm not going to get into a contest but that stunk. and when it was over mccarthy had him vanquished but i think it was the desegregation issue perhaps in which eisenhower most often underestimated. president truman had ordered the army to be desegregated in 1950 but the that the army had not complied. 85% of the army was still segregated when i had to power. ike ordered the military services to desegregate and of course this was a new supreme commander whose words they immediately obeyed. he culminated the segregationists of will service and after brown versus board of education, and he ordered the integration of the
the differences between himself and zeroing in on taxes. >> for instance, he is going to raise taxes. vice president blurted out the truth. they plan on raising taxes trillion. they have already raised them a trillion. that is increases on taxes on small business, among other things. that will mean less jobs. >> reporter: on the campaign trail in ohio, president obama appeared to have a lot of fire that he seemed to be lacking on tuesday night. and accusing romney at shocking dishonesty and even though the deputy campaign acknowledged that tax cut would not be nearly 5 trillion dollars, it's something that the president repeated in cleveland. >> we put two wars a two tax cuts on a credit card. we didn't pay for them. now, mr. romney wants another 5 trillion dollars in tax cuts that he can't pay for. we're not going to let that happen. we are not going to fall backward, not with so much at stake. >> reporter: governor romney answering in the ad wars, as well. a new ad featuring melanie mack that mara that voted for president obama back in 2008. this time around she says she is going to vote
the weekend in florida, he focused on taxes and president obama. >> they will ultimately have to raise taxes on middle income families by $4 million a year. >> reporter: since last week's debate, which romney is widely regarded as having won, both sides argued the other was dishonest. >> he was a little taken aback at the brazenness with which governor romney walked away from so many of the positions on which he's run. >> reporter: their truth war now on tv. >> not telling the truth about mitt romney's tax plan. >> this was dishonest. >> i'm not in favor of a $5 trillion tax cut. >> the governor knows his $5 trillion tax cut isn't too popular, so a few weeks before the election, he's trying to pretend it doesn't exist. >> reporter: president obama at a star-studded fundraising concert in los angeles sunday heads to san francisco today with romney's poll numbers improving. >> they're looking very good. i feel very good. >> reporter: after the debate, romney is within two points of the president. and tomorrow, both candidates head to ohio, battleground ohio, where early voting is already under
the attacks. a week ago paul rhine was asked to explain the math of a tax cut and he said i don't have time. governor mitt romney had a massive performance and the underpenings of that was dishonest f. you are willing to say anything to get elect make up your positions, american people have to understand how they can elect you. >> steve: is calling mitt romney and ryan a good strategy. here to weigh in is washington insider amelia and democrat pollster marjorie. good morning to both of you. >> margey. it does sound like according to the new york times, 10 minutes before the end of the debate they were on a conference call talking about he stunk up the place. we'll have to go full steam ahead on a new attack and that is going to be romney is a liar. >> any time you hear mitt romney express different position than the day before it is for voters to know. we would be talking about mitt romney's loose interpretation of the facts regardless of what the people thought of the pet's performance. his own campaign walked back what romney said about covering people with preexisting conditions in the h
the lower courts and the individual mandate was a permissible use of the taxing power of congress and not the congress clause and thus the law could be passed. and i think there were three -- one is, you have to take it at its face value. the legitimate use of the taxing power. thirdly and most important in the second and third, the second is that john roberts saw health care, as many people saw health care, as the third in a trilogy of cases starting with bush beat gore in 2000, citizens united in 2010, obamacare in 2012 and that, and in those first two cases, you had five republican justices dashing the dream's of democrats in what would seem to many as a very partisan case. as they sat down to vote on health care, it looked like the same thing was going to happen, the five republican nominees were going to trash the democratic dream. roberts recoiled at that idea. roberts has a very keen sense of politics in the larger sense and he knew and cared deeply that the supreme court not be regarded as simply another branch of congress, where democrats and republicans fight. he wanted
session is what to do about the fiscal cliff, this whammy, this triple whammy of tax hikes and defense cuts and social program cuts that are scheduled to take effect the first of the year. i talked to one democratic congressman, a leader last night, i ran into him at an event in suburban washington. he said, don't look for congress to do anything substantiative in that lame duck, however, they might push that deadline back, work out some kind of deal, push it back six months, and get some serious negotiations on what to do about that fiscal cliff, some time in the springtime. >> mike viqueira, thank you. >>> the spin machine is in full effect over those jobs numbers. first, president obama used his weekly address to tout that drop in unemployment numbers to 7.8. >> more americans are entering the workforce, more americans are getting jobs. >> but mitt romney on his weekly podcast this morning argued that it is just more proof that obama's policies had failed. >> we created fewer jobs in september than in august, and fewer jobs in august than in july. and we've lost over 600,000 manufac
chosen, denied the big tax cut from 35% down to 28% for people at the top bracket. the all-out elimination of the estate tax, the big-time cut in the corporate rate. he denied his plan to eliminate medicare, denied he would kill coverage for those with pre-existing conditions. he got away without bothering to deny his plan to let the automobile industry to go bankrupt and to dump 40 million people to wait in the emergency room. let's look at some of the latest polling in the wake of wednesday's debate. this afternoon pew released a poll that showed a dramatic shift toward romney. this poll covers the four days since the debate, and it has romney pulling even with president obama among registered voters, 46% even. four weeks ago pew had obama up by nine among registered voters, so this has been a huge shift in the pew poll. the move in the pew poll towards romney is greater among likely voters. romney is surging ahead to 49%. four weeks ago obama led among likely voters by eight. now to the latest gallup tracking poll which covers the last seven days. gallup has president ob
'll be right back? we'll be right back. [ male announcer ] who will raise taxes on the middle class? according to an independent, non-partisan study, barack obama and the liberals will raise taxes on the middle class by $4,000. the same organization says the plan from mitt romney and common sense conservatives is "not a tax hike on the middle class." want proof? adad the non-partisa study for yourself at american.com. obama a his liberal allies? we can't afford four more years. i'm mitt romney and i approve is message. >> it is going to be a weend seasonal change.. there conditioners today.. tomorrrrow,, definity the furnace. there with fair skies. egrees in gaithersbururg. ththe winds are out of e south. lolook at t the e extent of thid front in quebec all l thee way n toto mississssippi. itsay to some of the coldldest areas. look at how c cold it is to the of us, already 47 in ttsburgh. 36 degrees in chigo. snow in the upper midwest. none of that f us.s. certainly, cold tempmperatures. 75-78. winds wi shift to the north. tomorrow, a wet and chilly sunday. 4848-bit 2s as good as we will i'm b
have a theory that you try and fix things in the economy, get a more efficient tax code, get the deficit down over time. that that will help you. when you give them truth serum, you're talk and you off the record, the disruption might be tough for the first few months. but they would argue that the longer term, since we're on the right track would be worth it. that's not an argument you see in the debates. it's not the way the argument gets framed. but that's the core ideological dispute in the election. >> on the other side that's been surprising is president obama, they don't talk about their big idea on the jobs. they don't talk about the jobs act. they didn't bring it up in the debates. why do you think that is? because that is a big responsive, a big idea on jobs here. >> there's a great new book called the "new new deal" about the stimulus that came out in 2009 and was almost $8 hundred billion saying it was a great success. it did a lot of things to help this recession from being worse. it's something that the president's political advisers, they do the polling. it doe
in '85. >> well, look aat athe job -- >> thank ronald reagan. >> absolutely. that's why romney's tax plan is want plan we need. lower rates broaden the base. it worked in '86, '87, '88. worked in '81 and '82. let's pause there for a second. >> thanks for the lead-in about reagan. >> romney has victory in the deba debate. every single poll shows he's picked up 5, 6, 7 points. some of these local battleground states picked up 8, 9 points. is does that change your stock market outlook from bear to bull? >> you get rid of obama care and 3.8% tax on investment income and get the tax on medical device makers, larry. >> i will bet you $20 right now. i'll make a romney $10,000 bet that obama care is not repealed. >> i'll bet you it will be repealed, but i'll buy a gift for your new daughter. >> thank you. >> if romney wins, which was not expected a week ago but is now more expected, if he wins what is the stock market impact? is it greater than earnings and the federal reserve? how do you assess a romney victory? >> what becomes important is the effect on capital gains and dividend taxes. we as i
Search Results 0 to 49 of about 223 (some duplicates have been removed)

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